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Photovoltaic expansion target for 2021 at risk

China is at risk of missing its own solar energy expansion target this year. Due to rising prices in solar supply chains, photovoltaic cells became more expensive in 2021 for the first time in eight years, Bloomberg reports. As a result, China has so far added only 29.3 gigawatts of solar capacity between January and October, the news agency reports, citing China’s National Energy Commission. This is far below the China Photovoltaic Industry Association’s annual projection of 55 to 65 gigawatts of new photovoltaic capacity.

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